The Kapol Bank has introduced a new scheme vide which you can not only deposit your amount and avails best interest rates but also you can get the tax deduction, the details as below :-
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Investment up to Rs.1,00,000/-
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Period of Deposits : 5 years (Lock-in-Period)
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Tax Relief under Sec 80C of the Income Tax Act.
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Rate of Interest: 7.00% with quarterly rests.
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Interest is taxable.